Gray Matters Brain Cancer Foundation Inc

Analysis

Gray Matters Brain Cancer Foundation Inc is a registered charity in United States, based in Newtown, PA. It received its IRS tax-exemption ruling in June 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Gray Matters Brain Cancer Foundation Inc reported income of $180k and spending of $179k, spending 99% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $155k to $180k (+16%), an average of +7.7% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gray Matters Brain Cancer Foundation Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within PA. Charities of a similar size with the same main cause include Marthas Vineyard Youth Task Force Inc ($180k), Spectrum Empowerment Project Inc ($180k) and Madera County Child Abuse Prevention Council ($180k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% of the total. At year end it held assets of $3,869 against liabilities of $0, net assets of $3,869.